Saudi British Bank releases Cross-Border Instant Payments Service using Ripple
Saudi British Bank a Riyadh-based Saudi joint stock company releases Cross-Border Instant Payments Service powered by Ripple
- Vishal Sancheti
- Apr 26, 2019
Saudi British Bank a Riyadh-based Saudi joint stock company releases Cross-Border Instant Payments Service powered by Ripple
The NCB will connect to other financial institutions around the world through RippleNet. It will first connect to financial institutions in North America and Asia, starting in Singapore. These two payments corridors will offer imm...
"The committee assured that virtual currency including, for example but not limited to, the Bitcoins are illegal in the kingdom and no parties or individuals are licensed for such practices."
Emirates NBD, the largest bank in Dubai, is all set to launch their blockchain based project - “Cheque Chain”, which aims at reducing cheque-related frauds.
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